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Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 198 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 306 | by Staff reporter
Grid Africa secures R50 million Equity Investment from Rifuwo
Grid Africa has announced a major milestone with the successful acquisition of a R50 million equity investment from Rifuwo Energy Partners. This funding will significantly boost the company's efforts ...Published: 16 Oct 2024 at 15:42hrs | 239 | by Staff reporter
South Africa energy poverty to deepen
I want to talk to you about the attached report. It is available online.The report is about the future of European competitiveness and outlines a competitiveness strategy for Europe in Septemb...Published: 11 Sep 2024 at 13:45hrs | 212 | by Engineer Matšhela Koko
How is the world combating rising energy prices?
Every country is approaching higher than typical energy prices we’re all facing right now in different ways. Rather than compare one country with another and create a piece that can be out of date t...Published: 07 Feb 2024 at 12:42hrs | 65 | by Staff Reporter
'Mnangagwa's govt likely to print money to fund deficit'
ONE of Zimbabwe's top financial institutions, FBC Holdings Limited (FBC) says the 2023 National Budget announced last week will likely be funded by money printing, amid dwindling revenue options for T...Published: 29 Nov 2022 at 05:21hrs | 4 | by Staff reporter
Mnangagwa to headline CEO Africa Annual Roundtable
PRESIDENT Mnangagwa is set to headline the CEO Africa Annual Roundtable 2022 to be held in Victoria Falls from 2 to 5 November. The event is being hosted by the CEO Africa Roundtable, a high-l...Published: 09 Oct 2022 at 07:54hrs | 3 | by Staff reporter
Mnangagwa's govt failing to pay US$5.2m debt owed to Chinese firm
THE government is reportedly struggling to pay US$5.2 million owed to a Chinese firm which was contracted to build a new mill which is expected to double production at cement producer Lafarge Cement Z...Published: 13 Sep 2022 at 06:05hrs | 1 | by Staff reporter
Western sanctions boomerang as Europe freeze
Western sanctions against Russia are the most ill-conceived and counterproductive policy in recent international history.The economic war is ineffective against Russia, and devastating for its...Published: 03 Aug 2022 at 06:40hrs | 2 | by Staff reporter
Mthuli Ncube rubbishes Mnangagwa's economic hitmen conspiracy
FINANCE minister Mtuli Ncube has said the current economic crisis rocking the country is a result of global upheavals, effectively disputing his principal, President Emmerson Mnangagwa's claim that th...Published: 13 May 2022 at 19:14hrs | | by Staff reporter
Govt urged to address issues fuelling inflation
TRADE unions have urged Government to promote dialogue among social partners to address issues revolving around the welfare of workers and whip into line cartels which are fuelling inflation.T...Published: 02 May 2022 at 07:59hrs | 17 | by Staff reporter
Biden 's approval rating sinks - poll
US President Joe Biden's approval rating sank to 38% in a CNBC poll released on Thursday, down from 46% in December. Respondents rated Biden poorly on his handling of the economy and the conflict in U...Published: 14 Apr 2022 at 20:36hrs | 11 | by Staff reporter
EU divided over Russian sanctions
EU citizens are being asked to make great sacrifices to support a sanctions regime against Moscow over its military offensive in Ukraine. But how long will Western consumers be willing to live without...Published: 11 Apr 2022 at 06:25hrs | 1 | by Robert Bridge
Russia's rouble comes roaring back
The rouble has surged all the way back to where it was before Russia invaded Ukraine, closing at 79,7 in Moscow on Wednesday.In the days after the Ukraine war began, the rouble's collapse was ...Published: 08 Apr 2022 at 06:40hrs | 1 | by Staff reporter
Biden admits that sanctions on Russia don't work and they make USA poorer
President Biden on Thursday made two big admissions about the US-led economic sanctions on Russia. The first is that the sanctions will lead to food shortages for many countries other than Russia, and...Published: 29 Mar 2022 at 12:00hrs | 1 | by Ryan McMaken
Zimbabwe mulls fuel levy cuts
Zimbabwe has hinted it may further reduce fuel levies to stymie a sustained spike in the domestic price of petroleum products after global prices soared on market uncertainty due to the conflict betwe...Published: 21 Mar 2022 at 06:23hrs | | by Staff reporter
Headwinds piling up for Zimbabwe
The United States Agency for International Development (USAid)'s food security arm, the Famine Early Warning Systems Network (Fewsnet) has warned of below average harvests this year and a shortlived i...Published: 18 Mar 2022 at 05:37hrs | 1 | by Staf reporter
Ukraine war hits Russia-Zimbabwe deals
RUSSIAN investments in Zimbabwe running into billions of United States dollars are under threat as the US and the European Union (EU) gang up in imposing restrictive sanctions on the Kremlin, its fina...Published: 11 Mar 2022 at 18:12hrs | 1 | by Staff reporter
Fuel prices rise up again...twice in same month
The Zimbabwe Energy Regulatory Authority has issued a circular informing the public of an increase in the price of fuel. Accordingly, the new price of diesel is US$1.68 or RTGS218.01 up from U...Published: 09 Mar 2022 at 13:56hrs | 1 | by Mandla Ndlovu
RBZ warns Ukraine war could result in price increases
THE Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has predicted that the ongoing armed conflict between Russia and Ukraine will have a knock-on effect on prices of goods and services ...Published: 06 Mar 2022 at 08:40hrs | 11 | by Staff reporter
Fuel prices go up
THE price of fuel in Zimbabwe, like in most parts of the world, has shot up due to tensions in Eastern Europe, resulting is some garages selling petrol as much as US$1.60 per litre.The Zimbabw...Published: 06 Mar 2022 at 08:21hrs | | by Staff reporter
Britain approves new nuclear plant
London - Britain agreed on Monday the construction of its first nuclear plant in 20 years to a consortium of state-backed French and Chinese firms, underlining its controversial commitment to atomic p...Published: 21 Oct 2013 at 12:08hrs | | by Staff Reporter
IMF Concludes Article IV Consultation Mission to Ghana
ACCRA, Ghana - A mission from the International Monetary Fund (IMF), led by Christina Daseking, visited Accra during April 2-12, 2013, to conduct discussions for the 2013 Article IV consultations. The...Published: 15 Apr 2013 at 06:58hrs | | by APO
IMF Executive Board Completes Fourth Review Under the Policy Support Instrument for Uganda
KAMPALA, Uganda - The Executive Board of the International Monetary Fund (IMF) has completed the fourth review under a three-year Policy Support Instrument (PSI) for Uganda. The Executive Board...Published: 06 Jun 2012 at 05:44hrs | | by APO
Brics call for a broad-based international reserve currency system
Sanya, China - The five Brics nations took another step towards cementing their global influence on Thursday, calling for a broad-based international reserve currency system "providing sta...Published: 14 Apr 2011 at 05:08hrs | 4 | by Byo24News
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